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Transforming businesses through City’s High Impact Programme

<p>This week, Mayoral Committee Member for Economic Growth, Alderman James Vos, met with entrepreneurs taking part in this year’s City-backed High Impact Supplier Development Programme.<br></p>

<p></p><span><p></p><div>The five-day workshop aims to help businesses hone their product offering to become the supplier of choice within their industries. This year, 25 Small, Medium and Macro Enterprises (SMMEs) are participating in the programme.</div><div><br></div><div>The High-Impact Supplier Development Programme is a bespoke course that aims to guide businesses through the strategies to help them become suppliers of choice for clients. Among the topics covered are:</div><div>•<span style="white-space:pre;"> </span>Increasing business linkages and strategy</div><div>•<span style="white-space:pre;"> </span>Diversifying one’s business </div><div>•<span style="white-space:pre;"> </span>Building a strong sales pipeline</div><div>•<span style="white-space:pre;"> </span>Improving operational capacity </div><div>•<span style="white-space:pre;"> </span>Reducing wastage</div><div>•<span style="white-space:pre;"> </span>Better Pricing Strategies</div><div>•<span style="white-space:pre;"> </span>Create a stronger balance sheet that improves your chances of accessing finance <br></div><div><br></div> <figure class="subtopic-fullsize-img"> <img src="https://resource.capetown.gov.za/cityassets/Media%20Images%202/High%20Impact%20Prog%201.jpg" class="responsive" alt="" style="width:951px;" /> </figure></span><span><div>‘The City recognises that SMMEs are integral to the healthy development of our economy, job creation and innovative concepts that make our world better. I believe that one of the major factors for Cape Town’s status as the metro with the lowest unemployment rate is the City’s support of initiatives such as the High Impact Programme which equips businesses with the necessary skills for growth,’ said Alderman James Vos, the City of Cape Town’s Mayoral Committee Member for Economic Growth. </div><div><br></div><div>The engagement with this year’s cohort of programme participants follows Alderman Vos’s performance evaluations with several businesses who participated in the initiative in previous years.<br></div><div><br></div> <figure class="subtopic-fullsize-img"> <img src="https://resource.capetown.gov.za/cityassets/Media%20Images%202/High%20Impact%20Prog%202.jpg" class="responsive" alt="" style="width:951px;" /> </figure></span><span><div>The businesses work in a number of different industries including construction, manufacturing, and vehicle repairs. </div><div><br></div><div>‘According to research by the South African Journal of Inter/Multidisciplinary Studies, Small Medium and Micro Enterprises contribute more than 75% of new job opportunities, making it critically clear that these new and growing businesses not only need support, but the kind of support that is cognisant of the unique challenges and opportunities of the South African socio-economic environment,’ said Alderman Vos.</div><div><br></div><div>One business that has witnessed exponential growth after taking part in the High Impact programme in 2022 is Suku Nikezela, a construction company based in Blackheath. Their turnover has gone from less than R5 million to more than R20 million and five permanent employees to now over 50.<br></div><div><br></div> <figure class="subtopic-fullsize-img"> <img src="https://resource.capetown.gov.za/cityassets/Media%20Images%202/High%20Impact%20Prog%203.jpeg" class="responsive" alt="" style="width:591px;" /> </figure></span><div>The company’s CEO, Carl Cupido, said the programme helped him to learn how to think like a businessman. </div><div><br></div><div>‘The City through High Impact teaches people from different backgrounds how to be business owners because I didn’t study business, I studied civil engineering. Therefore High Impact was amazing for showing us how to think more like businessmen,’ said Cupido. </div><div><br></div><div>Another Blackheath-based business visited by Alderman Vos was Saxonburg Fleet Maintenance, a vehicle repair workshop. </div><div><br></div><div>‘Through the programme, we have been upskilled to grow the business. It also helped me to better think about the financial responsibilities of the business and how we can work to make it grow,’ said the company’s administrative manager, Tamaryn Florence. </div><div><br></div><div>The other businesses Alderman Vos met with were JBS Building Company in Heathfield, Gordian Fence SA in Kuils River, and Lion Industries in Parow. </div><div><br></div><div>To find out more about this and other enterprise development programmes offered through the City’s Economic Growth Directorate, contact The Business Hub team on business.support@capetown.gov.za or +27 21 417 4043. </div><div><br></div><div><br></div><div><strong>End</strong><br></div><p><br></p>

2024-03-19T22:00:00Z

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